JIM ROGERS : The Return to The Gold Standard Has Zero Chance of Happening

GEOFF CANDY: There's been talk over the last few days about the fact that the Republican Party put the potential for a return to the gold standard on their party document. It seems unlikely that that would actually happen. Is this purely a political ploy, do you think, or would we likely see perhaps a changed role for gold, should we see a change in the White House?
JIM ROGERS: No there's zero chance of that happening - let's say the Republicans win in 2012, zero chance it's going to happen in the next four or five years. It's a sop to Ron Paul and to some of the disgruntled members of the Republican Party - zero chance. - in mineweb



Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.